CFC named lender of the year

Midland Daily News

Published 8:00 pm, Wednesday, May 11, 2005

The U. S. Small Business Administration's Michigan District Office presented its 2004 Lender Awards at the seventh annual Michigan SBA Lenders' Conference held in Lansing. Chemical Financial Corporation was named Business Development Lender of the Year.

This award recognizes the lender in 2004 with the largest percentage increase of approvals. Chemical Financial Corporation's SBA loans increased 181 percent over 2003.

"Our commercial lending staff works very hard to serve the needs of the business community not only through the partnership with the SBA, but through other types of programs as well. "We are very proud of this award" said David Ramaker, president and CEO of the corporation.

Chemical Financial Corporation is the fourth largest bank holding company headquartered in Michigan. The company's three subsidiary banks operate 132 branch offices and one loan production office spread over 32 counties in the Lower Peninsula of Michigan.